For those new to this report, we built a case for entry based on the following points:
1. Weekly price trading at a small weekly supply marked with a pink circle at 0.9787-0.9695.
2. Daily action testing supply at 0.9787-0.9755.
3. H4 mid-level resistance seen at 0.9750.
4. A near-perfect H4 which converges nicely with the above said daily supply (green circle).
Ultimately, we’re looking to take partial profits between the H4 support coming in at 0.9722 and round-number level just below at 0.9700. Following this, 0.9650 will be the next hurdle on the hit list considering how well it has held as over the past few weeks.